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Updated 4 hours ago

116-550 Royal Ave


New Westminster, BC

2 Bed
1 Bath

1,070 Sq. Ft.
2 Beds • 1 Bath
$2,500
1070 ft2
1 Available
Managed By: Hope Street Management Corporation
-
$2,500
Available: Ask
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In-unit Laundry
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Additional Details
Contact Name: Shaun Munro
Total Unit Count: 1
Last Updated: Updated 4 hours ago
Property manager information
Hope Street Management Corporation
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 116-550 Royal Ave by bedroom type below.
2 Bedroom
Suggested income:
$90,000
per year
Rent report

116-550 Royal Ave Rent vs. Burnaby Average

 116-550 Royal Ave      Burnaby Average
2BR
$2,500
$2,523
$0
$850
$1,700
$2,550
$3,400

116-550 Royal Ave is asking 1% less than the average 2 bedroom apartment in Burnaby.

If you upsized to an average priced Burnaby 3 bedroom apartment, you would pay 24% more per month.

If you downsized to an average priced Burnaby 1 bedroom apartment, you would pay 40% less per month.

116-550 Royal Ave provides 34% more square footage than the average Burnaby 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
116-550 Royal Ave
2BR $2,500 $2.30 $7,500
Burnaby Average
Studio $1,693 $4.00 $5,078
1BR $1,801 $3.30 $5,403
2BR $2,523 $3.10 $7,569
3BR $3,308 $2.60 $9,924
4BR $4,359 $1.60 $13,077

Availability in Burnaby

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 41 1BR units on the market in Burnaby. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 43% 28% 14% 5%
Available Units in Burnaby
Studio 9
1BR 41
2BR 27
3BR 13
4BR 5
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months.
What's the square footage of the available units?
It's 1,070 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at 116-550 Royal Ave in New Westminster, BC. It's 4.5 miles east from the center of Burnaby.
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